observed disability rates result from gradual deteriorations in health. We find no direct effect of health shocks on employment …This paper focuses on the relation between the onset of disability and employment outcomes. We develop an event history … model that includes unscheduled hospitalizations as a measure for unanticipated health shocks and estimate the model on data …

household income of working-age households from different income sources, and break down further changes in employment income by …

employment and wages in the United Kingdom. It finds that firms can benefit from services trade, through increased employment …Services trade has become increasingly important, yet its impact on employment has been understudied at present. This …, production and productivity. On average, workers’ wages are also positively impacted by increased services trade. The findings …

moments of the distributions of earnings, employment and wage shocks across individuals. Our main finding is that … idiosyncratic risk increases during contractions in the labour market. Furthermore, we find evidence of insurance, both at the … household level and in the form of public insurance. However, private and public insurance mechanisms against an increase in …

and car insurance using data from the UK. The main empirical results are: - higher labor income risk induces a higher … demand for car insurance. - the effects of increases in labor income risk after 1979 seem to be more than offset by a more …